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JERSEYHAWG

07/26/20 4:11 PM

#90054 RE: AZCowboy #90053

AZ. Thank you.

Jovi, I think? Mentioned by this years end.

Jovi, a he, is pretty goid with the readings on this stuff, smart to.

Your high up there to.

Me, I barely read, could care, just caught up in the quagmire of buying jn ftom years ago.

Thanks again. Very glad your here, posting dam good stuff.

See you at the payout window. Hopefully by years end.
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JERSEYHAWG

07/26/20 4:11 PM

#90055 RE: AZCowboy #90053

Double post.
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stoxjock

07/26/20 5:06 PM

#90056 RE: AZCowboy #90053

"and as sinking funds, whatever cash has been, misappropriated, taken, miss used, used, whatever etc., doesn’t matter, ... those funds, if used, will need to be paid back to a “Pre POR Implementation"

These are CTs, the 'underlying' for these are "subordinated Debt classes' and their 'interest payments' are being paid/redirected to higher creditor classes...So, No, You won't be 'getting back' any of the interest payments that have been 're-directed' to higher creditor classes..Once POR closes, then they'll have to either be redeemed or re-instated in some form and IF they are re-instated as some form of Preferred securities, we'll start getting interest payments.. IF on the other hand, CTs gets exchanged with some negotiated Ratio of New Lehman Common Shares, there obviously be not any interest payments.
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toogoodfella

07/27/20 12:16 AM

#90069 RE: AZCowboy #90053

once the POR is implemented, the market will take control of the price of a CT very, very, very, quickly
—//———//——//—

Agree 100 percent. Very quickly !

I been saying the same thing over and over .. CTs will stay as it is with the same prospectus.. no redemption like many expected.. no conversion into preferred either..

Guarantee stays on Cts.. market will decide its price.. interest will be paid.

“That is “if” the speculation that Lehman is coming back into normal business”

Indeed there are many signs Lehman is coming back.